Acropetal Technologies to list on Thursday 10th March

Acropetal Technologies Limited which had tapped the capital markets with an IPO which opened on 21st of February and closed on 24th of February is to list on Thursday the 10th of March 2011. The company had raised Rs 170 crs in a price band of Rs 88-90. The issue was oversubscribed 1.28 times.

The company would have a market cap of Rs 350 crs at the price of Rs 90 at which shares were allotted. There are five institutional investors who have been allotted 94,44,444 shares.

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